Bitcoin attempts recovery as Evergrande-led selloff eases
NEW PORT: Cryptocurrency prices bounced off 1-1/2 month lows on Tuesday as a heavy selloff overnight linked to concerns about a possible...
UK’s meat industry issues another warning
LONDON: Some of Britain’s meat processors will run out of carbon dioxide (CO2) within five days, forcing them to halt production and...
Cryptocurrencies slide as market selloff deepens
LONDON: Prices of cryptocurrencies plunged on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's...
‘Quad’ countries to agree on secure microchip supply chains
TOKYO: Leaders of the United States, Japan, India and Australia will agree to take steps to build secure semiconductor supply chains when...
Critics warn of Apple, Google ‘chokepoint’ repression
WASHINGTON: The global dominance of tech giants serves as a convenient online chokepoint for authoritarian governments to crack down on dissent or...
Shanghai encourages ‘duty-free economy’ as part of consumer push
BEIJING: The Shanghai government will support companies applying for approval to sell duty-free goods, and encourage duty-free shops to be set up...
US probes possible insider trading at Binance: Bloomberg News
WASHINGTON: US officials are examining possible insider trading and market manipulation at Binance, Bloomberg News reported on Friday, potentially adding more heat...
Bad for business: World Bank China rigging scandal rattles investors
LONDON: Some investors and campaigners expressed dismay on Friday at revelations that World Bank leaders pressured staff to boost China's score in...
IMF chief in spotlight after China rigging report
PARIS: The International Monetary Fund's ethics committee and board need to look into a report alleging its chief Kristalina Georgieva pressured staff...
China forms cross-agency team to crack down on securities misbehaviour
SHANGHAI: China has set up a cross-agency team, led by the country’s securities watchdog, to coordinate crackdown efforts against illegal activities in...
Oil holds above $75 as US inventory drop supports
SINGAPORE: Oil slipped but held above $75 a barrel on Thursday, within sight of a near seven-week high hit a day earlier,...
Bitcoin jumps to $47,500 as cryptos rally for second day
NEW YORK: The cryptocurrency market remains bullish for the second straight day on Wednesday amid increasing global acceptance, with the market capitalisation...
Adobe jumps into e-commerce payments business
NEW YORK: Adobe on Wednesday said it will add payment services to its e-commerce platform this year to help merchants accept credit...
Apple unveils new iPhone
SAN FRANCISCO: Apple CEO Tim Cook strode through a slickly produced video Tuesday to launch a new iPhone, with few hints of the...
Global oil demand to rebound next month: IEA
PARIS: Global oil demand has dropped for three straight months as Covid cases have risen in Asia but it is expected to...